Bank fraud CBI files chargesheet against 24 accused

Posted by News Headlines on December 31st, 2020

The Central Bureau of Investigation (CBI) has in the present day filed a charge sheet earlier than Special Judge for CBI circumstances, Mumbai against 24 accused together with a personal firm based mostly at Mumbai, its director, Chartered Accountant, then officers of Indian Overseas Bank, Directors/proprietor of related corporations/corporations and many others for inflicting an alleged loss of Rs 297.80 crore (approx) to the financial institution.

The public is reminded that the above findings are based mostly on the investigation achieved by CBI and proof collected by it. Under Indian Law, the accused are presumed to be harmless until their guilt is lastly established after a good trial.

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